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Investment

Investors rethink ‘60/40’ as low bond yields test portfolios

NEW YORK: The staple US portfolio of 60% equities and 40% fixed income proved resilient this year, but strategists are now considering alternatives to government debt after some bond yields reached historic lows.

Investment

India bond buyers tighten grip

MUMBAI: With the health of Indian companies’ balance sheets deteriorating at the worst pace ever, investors are demanding more protection.

Economy

China factory activity expands at fastest pace in nearly a decade

BEIJING: China’s factory activity expanded at the fastest pace in nearly a decade in July as domestic demand continued to improve after the coronavirus crisis, though export orders and employment remained weak, a private business survey showed.